NOT LISTED FOR SALE

1979 S 5th Place Milwaukee, WI 53204

Historic Mitchell Street Neighborhood

Estimated Value: $17,249 - $158,000

0.1 Acre
$876,250 Price per Acre
4,356 Sq Ft Lot

Last Sold March 11, 2022

Last sale price $11,000

Est. 697% increase in value since last sale

Current estimated payment $480/month

Highlights

  • Corner Lot
  • Golda Meir School Rated A-
  • 4-minute walk to Kosciuszko Community Center and Park

About This Lot

As of March 2022

Vacant city lot zoned RT4. Bring your offers!! As per the City of Milwaukee: " The purpose of the RT4 district is to promote, preserve and protect neighborhoods intended primarily for 2-unit dwellings while also permitting a mixture of single-unit dwellings and small multi-unit dwellings of 3 or 4 units. This district, much like the RT3 district, allows smaller lots, smaller setbacks and a higher lot coverage than the RT1 and RT2 districts. The neighborhoods found in this district were platted and developed, in large part, in the late 1800s and early 1900s. This district also allows traditional corner commercial establishments commonly found in urban neighborhoods." Licensee interest. List agent is a relative of seller.

Last Agent to Sell the Property

Christopher Wahl

Tandem Realty Group License #56613-90 Listed on: 02/13/2021

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $184

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30x96
  • Corner Lot
  • Level Lot
  • Property is zoned RT4

Schools

  • Not Assigned Elementary And Middle School
  • Not Assigned High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4670320000

Property Details

Property Type

Land

Est. Annual Taxes

$184

Lot Details

0

Listing Details

  • Municipality: Milwaukee
  • Status Detail: Sold
  • Mailing City: Milwaukee
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: City
  • Legal Description: CARLTON SUBD IN SE 1/4 SEC 5-6-22...
  • Price/SqFeet: 2.53
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved

Utilities

  • Utilities Avail To Lot: Natural gas, Electricity, Telephone, Cable
  • Waste Disposal: Municipal sewer available
  • Water System: Municipal water available

Schools

  • Elementary School: Not Assigned
  • High School: Not Assigned
  • Middle School: Not Assigned
  • School District: Milwaukee

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 30x96
  • Zoning: RT4
  • Lot Number S: 20
  • Number Of Lots: 1
  • Present Zoning: Multi-family
  • Topography: Level
  • Total Acres: 0.1
  • Geo Subdivision: WI

Tax Info

  • Improvements Type: Curb/gutter, Sidewalk
  • Net Taxes: 184
  • Tax Year: 2020
  • Assessor Parcel Number: 4670320000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 11, 2022
Sold by
Wahl Roberta L
Bought by
New Halo Ii Llc
Seller's Agent
Christopher Wahl
Tandem Realty Group
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$15,000
Sold Price
$11,000
Premium/Discount to List
-$4,000
-26.67%
Current Estimated Value
$87,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,625
Avg. Annual Appreciation
76.84%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Wisconsin Housing & Economic Development
Bought by
Wahl Roberta L

Purchase Details

Closed on
Sep 29, 2010
Sold by
Brunette Mary J
Bought by
Wisconsin Housing & Economic Development

Purchase Details

Closed on
Apr 4, 2007
Sold by
Albiter Maria D and Albiter Jose L
Bought by
Brunette Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Albiter Jose L and Albiter Maria D
Bought by
Albiter Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,850
Interest Rate
8.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 6, 2002
Sold by
Cruz Andres S and Rodriguez Cruz Maria M
Bought by
Albiter Jose L and Albiter Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
9.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
New Halo Ii Llc $11,000 None Listed On Document
Wahl Roberta L $1,000 None Available
Wisconsin Housing & Economic Development $4,672 None Available
Brunette Mary J $82,000 None Available
Albiter Maria D -- --
Albiter Jose L $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brunette Mary J $77,800
Previous Owner Albiter Maria D $68,850
Previous Owner Albiter Jose L $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $11,000 -26.7% --
02/25/2022 02/25/22 Pending -- -- --
02/13/2021 02/13/21 For Sale $15,000 -- --
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $252 $11,000 $11,000 --
2023 $161 $6,800 $6,800 --
2022 $162 $6,800 $6,800 $0
2021 $236 $7,000 $7,000 $0
2020 $183 $7,000 $7,000 $0
2019 $217 $4,800 $4,800 $0
2018 $411 $4,800 $4,800 $0
2017 $344 $3,400 $3,400 $0
2016 $456 $3,400 $3,400 $0
2015 $1,209 $3,400 $3,400 $0
2014 $939 $3,400 $3,400 $0
2013 -- $3,400 $3,400 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christopher Wahl

    Tandem Realty Group

    (608) 239-8826

    1 in this area

    17 Total Sales

    Christopher Wahl
    Section Image

  • S

    Buyer's Agent in 2022

    SCWMLS Non-Member

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1902225

South Central Wisconsin Multiple Listing Service

APN: 467-0320-000-1

Wisconsin Milwaukee County Milwaukee 53204 Historic Mitchell Street

1979 S 5th Place, Milwaukee, WI

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